13F filing recap · Q2 2026

What did Giverny Capital buy in Q2 2026?

Reported stock-position changes between this filing and the previous one.

Stock value

$2.97B

Positions

Estimated turnover

21.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

NYTThe New York Times Company$33.90Mreported value+484.4K shares MSAMsa Safety Inc$29.03Mreported value+166.3K shares WSOWatsco Inc$27.49Mreported value+66.0K shares VEEVVeeva Systems Inc.$16.85Mreported value+95.0K shares AXPAmerican Express Co$15.75Mreported value+46.7K shares HWKNHawkins Inc$13.49Mreported value+95.0K shares QQQInvesco Qqq Trust, Series 1$287.9Kreported value+391 shares

Increased positions

SCHWSchwab Charles Corp$155.16Mreported value+145.4K shares+9.5%ADPAutomatic Data Processing Inc$146.59Mreported value+235.5K shares+56.2%PGRProgressive Corp/oh/$118.46Mreported value+13.9K shares+2.6%BKNGBooking Holdings Inc.$93.16Mreported value+501.5K shares

Reduced positions

GOOGAlphabet Inc.$213.93Mreported value-15.4K shares-2.5%HEI.AHeico Corporation$189.63Mreported value-3.2K shares-0.4%METAMeta Platforms, Inc.$170.61Mreported value-4.9K shares-1.6%AMEAmetek, Inc.$144.87Mreported value-13.3K shares

Exited positions

MTBM&T Bank Corporation$1.56Mprior reported value-7.5K shares-100.0%RSPInvesco S&P 500 Equal Weight ETF$1.17Mprior reported value-6.1K shares-100.0%QQQMInvesco Exchange-Traded Fund Trust$1.00Mprior reported value-4.2K shares-100.0%BIRKBirkenstock Holding Plc$981.5Kprior reported value